QuarkChain (QKC) price, chart, coin profile and news

Find the latest QuarkChain (QKC) price, coin profile, news and history to get you started with QuarkChain trading and investing.

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What is QuarkChain?

A lack of scalability is perhaps the biggest obstacle standing between blockchain and mainstream adoption, and there’s a long list of crypto projects focused on solving this widespread problem.

QuarkChain’s solution to the problem is based on a 2-layer architecture and employs sharding. The first layer features elastic sharding blockchains (shards), which partition large databases into smaller and more manageable components and allow transactions to be processed independently. The more shards there are in the network, the more transactions can be processed concurrently.

The second layer is the root chain. The role of this layer is not to actually process transactions but to confirm blocks from the sharded chains. The end result is "a secure, decentralised and scalable blockchain solution to deliver 100,000+ on-chain transactions per second", according to the project whitepaper.

The aim is for QuarkChain to be able to support a wide range of dapps, particularly those requiring high transaction rates, such as the Internet of Things (IoT), artificial intelligence and large-scale games. QuarkChain also supports smart contracts to ensure compatibility with existing dapps.

QuarkChain’s native token, QKC, was launched during a May 2018 ICO and is needed to transact value in the QuarkChain system and reward miners.

QuarkChain (QKC) is the 337th largest cryptocurrency in the world by market cap, valued at $76,543,997. The current price of QuarkChain is $0.0164208816, which is -0.001% lower than yesterday. Prices have ranged between $0.0185703552 and $0.0162994752 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 18, 2022 03:05 UTC.

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

QuarkChain (QKC) price

Use our graph to track the performance of (QKC) over time.

QuarkChain at a glance

Information last updated May 18, 2022 03:05 UTC.
Coin symbol QKC
Coin Marketcap AUD$76,543,997
Total QKC supply 10,000,000,000
Circulating QKC 6,674,877,584
Current price AUD$0.0164208816
All time high AUD$0.7056
All time high date March 13, 2020
Notable team members Qi Zhou
Partnerships DragonVein, Knit finance
Industry Cryptocurrency
Token uses Digital currency, utility token
Network QuarkChain

QuarkChain price performance over time

Historical prices compared with the price of $0.0164208816.

1 hour -7.80%
24 hours 0.00%
7 days -1.27%
14 days -8.79%
30 days -18.90%
60 days -33.75%
200 days -46.55%
1 year -29.25%

Disclaimer: Cryptocurrencies, including QuarkChain, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of QKC is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the QuarkChain or any other cryptocurrency discussed.

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